person-to-person payment

[ pur-suhn-tuh-pur-suhn pey-muhnt ]

nounDigital Technology.
  1. a transfer of funds directly from one person to another over the internet or a mobile phone network, often by means of an app. Abbreviation: P2P

Origin of person-to-person payment

First recorded in 1995–2000
  • Also called peer-to-peer pay·ment [peer-tuh-peer-pey-muhnt] /ˈpɪər təˈpɪər ˈpeɪ mənt/ .

Words Nearby person-to-person payment Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024